If bragging rights matter, Kodiak Robotics gets them for the first-known driverless commercial freight delivery. But the feat achieved in early May was not what many had expected: a 53-foot dry van of consumer goods rolling 65 mph on a Texas interstate. Instead the autonomous trucking developer pivoted, moving fracking sand used in oil drilling…
Layoffs continue across the commercial transportation and freight industry, according to a new round of worker reduction notices in Florida, Texas, Illinois and Wisconsin. It is the second round of layoffs since the beginning of July. Averitt Express, Bath & Body Works Logistics Services, ShipBob, and Henry Avocado Corp. announced a total of 218 layoffs…
An evergreen challenge for fleets is developing trust between not only drivers and fleets but between fleet operations and safety departments. The rise in technology and innovations in fleetwide telematics capabilities is creating new possibilities for fleets that historically have been reactive when it comes to developing safety programs. Erin Baucum, director of client intelligence…
A 36-year-old Illinois trucking company and brokerage ceased operations recently and filed for Chapter 7 bankruptcy liquidation. B.T. Trucking Inc. of Broadview, Illinois, doing business as Blue Thunder Trucking, and its three affiliated companies — B.T. Transportation Group Inc., JPL Transport Inc. and Rysoti Inc. — filed for Chapter 7 liquidation on July 19 in…
Less-than-truckload carrier Saia reported second-quarter earnings per share of $3.83, which was 4% below the consensus estimate of $4 but 12% higher year over year. Revenue increased 19% y/y to $823 million as tonnage improved 10% and revenue per hundredweight, or yield, increased 8% (9% higher excluding fuel surcharges). The carrier reported an 83.3% operating…